45520 Classic Way
About This Property
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What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Dec 20, 2019 | Sold | ||
| Sold | |||
| Oct 24, 2019 | Listed by Big Block Realty | $474,999 | |
| Listed by Big Block Realty | |||
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Honey Stop The Car! Welcome to your new South Temecula Home. This stunning, highly upgraded 4 bed/ 3 bath home is located in the prestigous community of Rainbow Canyon Villages & Estates. From the minute you walk in the door, you will immediately feel warmed & welcomed. As you enter into the formal living room, you will immediately notice the beautiful wood look tile flooring throughout the main floor of the home. The recently remodeled kitchen is absolutely stunning with Quartz counters, farm style sink, stainless steel appliances, upgraded LED lighting & plenty of country style cabinets for all your storage needs. Newer Milgard windows and sliding glass doors help keep the house more energy efficient. All of the bathrooms have been recently remodeled and upgraded to include low flow water fixtures, custom vanities and mirrors. Throughout the home you will notice newer craftsman style doors with ornate Baldwin handles, new subfloor and Bamboo flooring on the second floor, wall mounted remote controlled ceiling fans, custom paint and custom light fixtures. The master suite offers a generous sitting area and comfortable window seat to relax on. The master bath offers dual custom vanities with raised bowl sinks and a beautiful barn door for privacy. Conveniently located just minutes away from shopping, dining, entertainment, 1-15 Freeway, golf, & within walking distance to our great Temecula Valley schools. With low taxes & HOA dues, this home is a must see to appreciate!
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| Aug 31, 2017 | Sold | ||
| Sold | |||
| Jul 1, 2017 | Listed by Canear Real Estate, Inc | $434,900 | |
| Listed by Canear Real Estate, Inc | |||
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About Temecula
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017